New Jersey § 40a:12a-39

§ 40a:12a-39.

For the purpose of aiding and cooperating in the planning, undertaking, construction

or operation of housing or redevelopment projects located within the area in which

it is authorized to act, any public body may, upon such terms, with or without consideration,

as it may determine: a. Dedicate, sell, convey or lease any of its property to a municipality or county,

housing authority, redevelopment entity or the federal government; b. Cause parks, playgrounds, recreational, community, educational, water, sewer or

drainage facilities, or any other works which it is otherwise empowered to undertake,

to be furnished adjacent to or in connection with housing or redevelopment projects; c. Furnish, dedicate, close, pave, install, grade, plan or replan streets, roads,

roadways, alleys, sidewalks, or other places which it is otherwise empowered to undertake; d. Plan or replan, zone or rezone any land within the jurisdiction of that public

body, make exceptions from development regulations and ordinances, and change its

map; e. Enter into agreements, which may extend over any period, notwithstanding any provision

or rule of law to the contrary, with a housing authority or redevelopment entity or

the federal government respecting action to be taken by such public body pursuant

to any of the powers granted by this act. If at any time title to, or possession of, any project is held by any public body

or governmental agency authorized by law to engage in the development or administration

of public housing or redevelopment projects, including the federal government, the

provisions of the agreements shall inure to the benefit of and may be enforced by

that public body or governmental agency; f. Do any and all things necessary or convenient to aid and cooperate in the planning,

undertaking, construction or operation of housing or redevelopment projects; g. Cause services to be furnished to a housing authority or redevelopment entity of

the character which the public body is otherwise empowered to furnish; h. Enter into agreements with a housing authority or redevelopment entity respecting

the exercise by such public body of its powers, relating to the repair, elimination

or closing of unsafe, insanitary, or unfit dwellings; i. Purchase or legally invest in any of the bonds of a housing authority or redevelopment

entity and exercise all of the rights of any holder of such bonds; j. Incur the entire expense of any public improvements made by the public body in

exercising the powers herein granted. k. Grant, sell, convey or lease any of its property, including real property already

devoted to a public use, whether held in a proprietary or governmental capacity, to

a housing authority or redevelopment entity; provided, that the public body making

the grant or lease determines that the premises are no longer required for the public

purposes to which the property is devoted, and that it is in the public interest so

to grant, sell, convey, or lease the property. Notwithstanding any other law to the contrary, any grant, sale, conveyance, lease

or agreement provided for in this section may be made by a public body without appraisal,

public notice, advertisement or bidding.